2 Market Hall Street, Market Hall Precinct, Cannock, Staffordshire, WS11 1EB

LOCATION

The subject premises are situated within the prime retailing position of Market Hall Street and occupies a prominent position on the corner of Market Hall Street and Market Place adjacent to Vodafone and other retailers in the form of Card Factory, H Samuel, 3 Mobile, New Look, JD Sports, Greggs, Shoe Zone, Dorothy Perkins & Costa Coffee.

DESCRIPTION

The property comprises ground floor retail sales extending to approximately 753 sq ft, and ancillary first floor storage and office space amounting to 962 sq ft.

Loading access is available to the rear of the property on the ground and first floor, and there is a goods lift installed.

SERVICES

The property benefits from 3-phase electricity, water, and drainage. Interested parties should verify this for themselves.

LEASE TERMS

A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

RENTAL

£25,000 per annum exclusive, subject to contract.

Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.

FLOOR AREAS

The property comprises the following approximate areas and dimensions:

Internal Width (Front): 6.01m 19’9”
Internal Width (Rear): 8.91m 29’3”
Shop Depth: 12.21m 40’1”
Ground Floor Sales Area: 70.02m2 753 sq ft
First floor Main Store: 45.94m2 494 sq ft
Canteen: 14.78m2 159 sq ft
Managers Office: 7.16m2 77 sq ft
Cold Store: 11.06m2 119 sq ft
Rear Store: 10.50m2 113 sq ft

SERVICE CHARGE

A variable charge is levied on the unit in order to cover the economic cost of the upkeep and maintenance and management, etc of common parts and facilities. Levied on a fair proportion basis. For the year ending 2018 this is circa £5,849 (+VAT).

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

Prospective tenants should seek advice from the Local Authority.

POSSESSION

Full vacant possession will be offered upon completion of all legal formalities.

VAT

All rentals etc exclude the liability of VAT, which will be chargeable as an addition and at the appropriate rate prevailing.

EPC

The property has an energy performance rating within category D.

Notice and Conditions

White Rose Real Estates Ltd for themselves, for any joint Agents, the vendors or lessors give notice that these particulars have been prepared and are intended for general guidance of the prospective purchasers or lessees but do not constitute or form part of any offer or contract. All Information, descriptions, dimensions, references to permissions, use, occupation and other details is supplied in good faith and believed to be correct at the date of issue. The accuracy of such information cannot however be guaranteed and intending purchasers or lessees must rely on their own inspection, enquiries and survey. Neither the directors nor the staff of White Rose Real Estates Ltd or any joint Agent or sub Agent has authority to make or give any representations or warranties whatsoever in relation to the property.